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spring onion
post Mar 27 2019, 01:03 AM

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QUOTE(Boon3 @ Mar 16 2019, 12:12 PM)
throwback 2017. tongue.gif
Oh. Parkson recent low was 0.225 and now trades at 0.285.

That's the value trap in investing. To be a good investor you need to have strong conviction in your analysis and research. This is a very good trait but then there's a very fine line between this and stubbornly wrong. When one is wrong and stubborn, one will fail to see past his/her own failings....
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So how cheap is considered cheap? How value plays a part in your decision to trade? We all know that different sector of industry have different perception towards NTA

Looks like PE factor is very important to you and other traders

After all these years in here, I only learn one thing from boon,

Is to never touch a sinking ship laugh.gif

How to identify a sinking ship? Trend? Chart? Or perception?

Looking at trend? End up a lagger, taking the pie last

Looking a chart? So many false signal. <- take years to master

Looking a psychology and market sentimental? I think that’s more like it laugh.gif laugh.gif economy data good, what lousy share also can go up laugh.gif laugh.gif laugh.gif

Does glove share looks more appealing now? I do feel so. Hartalega. How to you evaluate how cheap will this stock be? And how expensive will this stock can go?

How about SLP? Bargain to me. How to value and more importantly, how to trade such stock? Wait and see approach required? Market sentimental very bad wo.

This post has been edited by spring onion: Mar 27 2019, 01:13 AM
spring onion
post Mar 27 2019, 11:03 PM

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The rather interesting topic is that would it be reasonable to extrapolate the PE of a company?

Extrapolate the PE of parkson would be pretty clear insnt?

Or extrapolate public bank, or Hartalega, then we notice public bank (maybe Hartalega) isn’t that expensive after all? The only problems come is when the growth seems to be stangant, and then so many of us will be given a thought off of abandon ship
spring onion
post Mar 27 2019, 11:04 PM

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QUOTE(Boon3 @ Mar 27 2019, 08:03 AM)
wink.gif

I am not who and what you seek and neither do I possess no holy grails
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Aiseh, show some of your skill la.

We missed your chart lesson
spring onion
post Apr 1 2019, 11:43 PM

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So how’s the market? Public Bank on sale now.

Looks like OPR gonna cut rate based on market trading

Export theme dead fish come alive?

Trading discussions.

Tech - over saturated, fierce competition from China will drown local player

Oil and gas - neither here or there, many company still have big debt to settle

Furniture - slightly positive, still 2 more quarter to judge?

Gloves - positive, but many company still selling at a premium price

Plastic theme - I think this is better among all the above, stable oil price, low resin cost

Timber/fiberboard - many counter are trading a huge discount, value trap or big opportunity?



This post has been edited by spring onion: Apr 1 2019, 11:49 PM
spring onion
post May 13 2019, 11:38 PM

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QUOTE(Boon3 @ May 2 2019, 09:37 AM)
Paper trading or fake trading. The very unpopular subject in the stock markets and forums. LOL! Oh yeah, let me be the sarcastic bugger and mention it once more.

1. Trade paper not same. Trade real market different feel.

2. You wanna learn, you need to pay school fees man!!!

But then....

Since I am or rather I was extremely serious about stock trading and I wasn't prepared to be the silly pumpkin and lose tons of money (only to be consoled by them others who claims that's just school fees or tuition fees). I decided to find out if I was GOOD ENOUGH to trade the markets and more importantly I needed to find out what I am good at and what I will be lousy at. Learn it properly and without being the silly pumpkin or the stock market water fish. I wasn't going to mati katak just because I wanted to embark on this stock market journey.

And I realize then,  this will be a long drawn process of learning. I was WILLING to paper trade for years. I looked at it objectively and considered other professions like Doctors or Lawyers. How many years did they burn the midnight oil and doing nothing but studying? And after that, the years of practice....

So what gives me the divine right that I could ever be a market whiz in a mere couple of months?

Hence I was ever willing to paper trade for years.

take for example, trading with using charts and indicators.

Ah, chart indicators. You have the ABC soup. RSI, MACD, MA, SMA, Stochastic, Fib etc etc etc....

Take the simple RSI indicator. Now the beginner would explore by noting market entries and exits using the buy/sell indicators generated by the indicator. Could I make this work. Hence, the paper trade to test it (of course, I would have had run back testing) . How long would I need? 1 month? 2 months of testing? What's my success rate? Mine was around a 52% success rate. Was I willing to embark on an adventure to trade full time with such success rate? I wasn't. It was like a flip of coin. Sometimes can. Sometimes cannot. Then I moved on by adjusting the period. I thought 14 days was too slow. Then I changed it to 10 days and even 8 days. (do google if this issue is confusing) And next I moved on by incorporating other indicators with the RSI. Indicators such as MACD, Stochastic and the SMAs. Slighty better but I wasn't comfortable with the success rate I had.....

And this took time. Lots of time. I had to make research and I had to make my own testing....

Even then, sometimes I questioned myself. Maybe I was just not good enough....

This learning process was long and it took years. At least for me.

innocent.gif
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Wow. finally you shared some light after so many of talk cock sing song post. Salute

Do be more humble, share more of this laugh.gif

More on the serious side,

So many on cheap sale. Once a long time favorite homeritz has a good bargain with relative cheap price and recovering fundamentals.

Shares on my radars
1. YSPSAH. Price have been dropping without any news. Insider or some ppl desperate for money?

2. SLP and bpplatics. With the resin price is remains intact. It’s interesting to see what can a low ringgit benefit stocks like these

3. Hevea and homeritz. Also a good contender for weak ringgit theme play

4. Inari. Looking forward to see it breaking its support laugh.gif

Charts, any Good Samaritan? Or Shall put up this week once on my lappy

This post has been edited by spring onion: May 13 2019, 11:43 PM
spring onion
post May 15 2019, 01:31 AM

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QUOTE(Boon3 @ May 14 2019, 08:34 AM)
.... and you are basically still asking about the same old stocks like Hevea, Homer..... after all these years....  sweat.gif

Gotta say this... man, either are you stuck badly in these stocks or what?
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Well, I’m not stuck neither do I make money on average trade.

I’m just holding long term on Ysp and hevea on investment purpose and not trading.

Because I’m familiar with the stocks and forex play theme to come next due to BNM OPR cut?

I’m also monitoring Inari too as I will suspect it will fall to 1.22 range after the report is out.

YSPSAH, rebounded today. If I’m doing paper trade I’m not sure whether to enter tomorrow based on today price or chase the opening price. Let’s say I q at 2.45 tomorrow. Would it be wise to jump 2.50 or higher at the end of the day if it doesn’t reach 2.45?

This post has been edited by spring onion: May 15 2019, 01:34 AM
spring onion
post May 23 2019, 11:59 PM

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So. Is the market bearish or bullish?
spring onion
post May 24 2019, 12:00 AM

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QUOTE(Boon3 @ May 23 2019, 06:14 PM)
Tidur ah? laugh.gif
ps: still looking for my second trade..... biggrin.gif
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What was your 1st trade? Mind to share if it’s over?

Or a better question, how do you interpret pivotal point of a stock given a scenario? And more importantly, is that anyway to confirm the particular point is not a fake but a correct pivotal point?

This post has been edited by spring onion: May 24 2019, 12:17 AM
spring onion
post Oct 6 2019, 10:41 PM

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QUOTE(Boon3 @ Oct 6 2019, 10:09 AM)
Regarding Mayban....
The strategy...

First. To have a target of 10... for me... it's right off the charts. Which means ur strategy is dictated by the chart...

If that was the case, the buy is supported by the fact the stock did have a support of around 8.50 recently. However how strong of a support is that? I for one, would be worried of the immediate down channel which is looking rather prominent.. Can u see that channel/trend?

If basing on this I would be asking if the risk/reward justifies the trade. Doesn't look like too much meat there....

** here is the chart **

[attachmentid=10328165]

**addum**

so if one buy at 8.50 with the target set at 10, the potential upside is 1.50 or about 17% ...
and the stop loss? 7%? 7.5%? 10%?
The gain is not that much , yes?

Yeah dividends can help... but then this is a time factor issue where if it was me, I would probably factor in other stuff...
for example, previously at 10, Mayban was trading with a trailing dps of 57 sen or a pretty generous 5.7% yield. Yet here we are, despite that generous 5.7% yield, the stock is now at 8.44 and the yield is 6.75% (higher yield due to the falling stock price). So definitely the dividend doesn't seem to help the 'investor' at all. Of course this could drag on forever, if one starts insisting by holding the stock on a longer time frame, such as more than one year...  but then... this would have gone against the initial strategy of betting to win 1.50 from this mayban trade, yes?

The meat in the initial trade isn't really that fat in the first place. Now if I have to hold it longer, then my compounded returns would be down for this stock play....
and then what about the DRP factor if I were to hold it on a longer time frame? Would earnings dilutions  be a factor (I have yet to look see into this...so... tongue.gif )

~~~~~~~~~~~~~~~~~~~~

Stocks are priced to its future prospects... right now, the banking sector is not looking too good as global banks are cutting its rates. A lower Opr from Bank N would cause lower loan interest rates which means the risk is that Bank earnings would decline in the near future. Less earnings would means the possibly of lesser dividends. Adding to its problems, its already been reported that loan growths are already declining...

So.. atm.. I would not jump in.

Just sharing la... I could always be wrong by being too conservative....

And this ain't an attack. tongue.gif
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ah boon kor....

.... when banking sector prospect improves, probably you will need to buy maybank at rm9, not 8.50 tongue.gif . but of cause, comparing the risk, riding the uptrend is better than caching a falling knife. so can we safely assume you are actually not a risk taker. can we? tongue.gif

remember when axiata drop to a low of 3.50? things were pretty bad for them right? as a smart trader, is better not to touch at the point where no silver lining could be seen. right. ok. no trader will ever buy at the bottom point. so we are ought to ride the wave. what wave? the wave of axiata is illogical. cimb... same case.

user posted image


so the point is... sometimes wait till neck become giraffe also cannot find a good stock to trade. once found a good one to trade, wreck it kaw kaw

This post has been edited by spring onion: Oct 6 2019, 10:47 PM
spring onion
post Oct 6 2019, 10:44 PM

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QUOTE(Cubalagi @ Oct 6 2019, 09:18 PM)
If I can beat ASB I happy already..

But this week is quite an important week, with US China trade discussion and Malaysia Federal Budget. This will impact my outlook for next year.
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talking about ASB. i wonder how ASB will fork out 8% this coming dividend payout. LOL

sell asset to give dividend? or declare a much lower dividend and let everybody hates PH for maybe a year or 2 before giving them sweet candies?

looking at the current situation, next year EPF dividend payout. 4.2%. ? rolleyes.gif
spring onion
post Oct 8 2019, 12:16 AM

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QUOTE(Boon3 @ Oct 7 2019, 10:29 AM)
Well here's a chart of a stock .....
[attachmentid=10329366]
well? Is a yes? or a no?
cool2.gif
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wahhhh tipsy! wheck it kaw kaw rclxm9.gif

early to tell. hard to trade. based on the chart, it can be a resistance at 68 sen, or 74 or 77 sen. how to see?
spring onion
post Oct 8 2019, 12:21 AM

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QUOTE(Boon3 @ Oct 7 2019, 10:17 AM)
just fyi .....

» Click to show Spoiler - click again to hide... «

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ok. here is a golden question to ask. what would be the best time to jump in?

11 oct or earlier as the trend have move sideways instead of going further down. AKA, downtrend broken

or

24th where the declining NP has ended with a surprise 50% jump in NP?

This post has been edited by spring onion: Oct 8 2019, 12:21 AM
spring onion
post Oct 8 2019, 12:30 AM

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QUOTE(Cubalagi @ Oct 7 2019, 10:21 PM)
But momentum only started turning in Nov 16 and even then there was a price pullback. Earnings were still falling in the Nov 16 results. The only all clear was in end Feb 17, where Maybank price was at around 8.20-8.30. Agree?
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to late to track feb 17. already uphill 5th gear, can roll back anytime (but somehow global economic sentimental was good) that's why its a hell tough to trade such stock.
spring onion
post Nov 3 2019, 05:06 PM

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QUOTE(Boon3 @ Oct 7 2019, 10:29 AM)
Well here's a chart of a stock .....
[attachmentid=10329366]
well? Is a yes? or a no?
cool2.gif
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well, apparently its a yes notworthy.gif

Attached Image

Attached Image

wheck it kaw kaw bruce.gif

BTW, why did you adjust the price for dividend distributed. do all trader use this too? if you do so, you are altering the graph to suit your trading style. is it a wise things to do so? cause if you are not, its actual a slightly down trend instead of a straight line movement.

but most importantly, it just rocket up once a decent QR is announced.

This post has been edited by spring onion: Nov 3 2019, 05:11 PM
spring onion
post Nov 6 2019, 11:16 PM

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QUOTE(Boon3 @ Nov 6 2019, 03:22 PM)
Onion dude, the point is that you need to find your own niche and setups. I cannot be explaining everything in full glory details, can I?

laugh.gif
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after so long, secretive as usual

ok
fresh from the owen

Attached Image

Sometimes i wonder, why TA and FA so many times go hand in hand and so many coincidence appear

when velestro reach it's support, suddenly got announce of obtaining new contract

or take back krono, when it break resistance, then the good financial qtr kicks in

ok another angle to look at it

Attached Image

wheck it kaw kaw? whistling.gif

This post has been edited by spring onion: Nov 6 2019, 11:23 PM
spring onion
post Nov 6 2019, 11:20 PM

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QUOTE(iwubpreve @ Nov 6 2019, 11:18 PM)
this blue line how to generate?
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left hand side there's a tool

use a line biggrin.gif
spring onion
post Nov 6 2019, 11:25 PM

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QUOTE(hft @ Nov 6 2019, 11:20 PM)
What sort of trading is it here?
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paper or talk cock trading biggrin.gif

*then run back to the corner regret for not use real hard cash to trade*

Hello wave.gif

This post has been edited by spring onion: Nov 6 2019, 11:26 PM
spring onion
post Nov 6 2019, 11:59 PM

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here's another thinker

Attached Image
spring onion
post Nov 7 2019, 12:08 AM

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QUOTE(iwubpreve @ Nov 7 2019, 12:03 AM)
look good. uptrending?
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QUOTE
The Department of Statistics Malaysia (DOSM) attributed the decline to the fall in exports of electrical & electronic products (-RM4.1 billion), crude petroleum (-RM1.2 billion), refined petroleum products (-RM805.1 million), palm oil and palm oil-based products (-RM366.9 million), liquefied natural gas (-RM61.5 million) and natural rubber (-RM14.7 million).

Meanwhile, there were RM101.5 million worth more of exports of timber and timber-based products during the period tracked.

https://www.theedgemarkets.com/article/mala...-slip-68-rm777b

on the other side

homer qtr (June-Aug)

Attached Image

why not you tell me the story? Is hevea considered as a timber based company?

This post has been edited by spring onion: Nov 7 2019, 12:09 AM
spring onion
post Nov 7 2019, 12:16 AM

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how about this?

Attached Image

bruce.gif

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